USD/JPY Holds Strong on Dips: Will More Gains Follow?

EUR/USD: The Dollar Weakness Puzzle What transpired with the EUR/USD pair last week? It behaved as expected on Monday, 01 April. However, starting from Tuesday, the situation deviated. Let’s delve into the details. On the first day of April, data on business activity in the US industrial sector from the ISM for March showed the […]

EURUSD continues the sell-off Immediate support at medium-term uptrend line Stochastic edges lower in oversold area EURUSD is experiencing more losses a few hours ahead of the ECB interest rate decision, sending the market beneath the 200-day simple moving average (SMA) and the 1.0870 resistance. Technically, the stochastic oscillator is extending its negative momentum in […]

As we reported on 26th June, analysing the Nikkei 225 chart (Japan 225 on FXOpen): → The price is in a significant upward trend (shown by the blue channel); → The price may continue to rise along the median line. Since then, the Nikkei 225 index (Japan 225 on FXOpen) has increased by more than […]